Forgemasters Wins Second Contract for Offshore Platform in Gulf of Mexico

Forgemasters Wins Second Contract for Offshore Platform in Gulf of Mexico

Sheffield Forgemasters has bagged a major contract with Shell, following to the one won earlier in the year with Samsung Heavy Industries to provide offshore castings to be used in the Gulf of Mexico (GoM). Since the crash of the oil and gas markets two years, this is the second time Forgemasters has won an opportunity to supply engineered cast components for an offshore platform commissioned at the Gulf of Mexico.

Consequent upon bagging the contract, Vulcan SFM – Forgemasters’ offshore oil and gas specialty unit will deliver 10 riser basket components for a semi-submersible platform to be deployed in the Gulf of Mexico. The component that will weigh approximately 11.5 tonnes each will be a step towards Shell’s Vito development. The winning of these two contracts signal the return of offshore work after a complete termination of complete suspension of oil and gas development activities globally since oil price plummeted in 2015.

Forgemasters Secures Prime Position in Gulf of Mexico Offshore Development Projects

The winning of these two projects reveals Forgemasters’ expertise in the offshore projects area along with its long-term relationship with large oil companies such as Shell. This has helped Forgemasters to secure a prime position and win contracts for the first two projects that require offshore platforms at the Gulf of Mexico. Forgemasters’ win of two successive contracts is a noteworthy achievement in a hungry supply chain due to dearth of offshore developments. This is underpinned by Forgemasters’ quality manufacturing capability and its unique experience and expertise in this market.

The developments in the Gulf of Mexico are encouraging regarding quantitative return of the oil and gas market.

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Ganesh Rajput

As one of the lead news writers on CMFE News, Ganesh’s specialization lies in the science and technology domains. His passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Ganesh’s take on the impact of digital technologies across the science, technology, and business domains gives his writing a fresh and modern outlook.

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